Fed will overshoot rate increases

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Hell, stores are already raising prices knowing they can blame the tariffs, just like gas stations raising prices BEFORE the storm hits...
Operation Mockingbird continues apace - even though the money-stream has been interrupted.

They hope, temporarily.

I've got a lot more faith in this tariff scheme, than I do in the American public's ability to resist this ramping-up of nonstop propaganda and untruths. We ALREADY SAW how they fell for COE-vidd and Safe-And-Effective. Have they learned anything, or are they stupified by the neurotoxins given them as purported vaccines?

DO we even HAVE any kind of future, with such weak-minded, sated, spoiled, feckless a population?
 
^^^^^^^

Inflation is ESSENTIAL. Only inflation can keep the stawk market bubbling UP; and only runaway inflation can destroy Trump/DOGE/reform.

So, bring on another gusher of Free Money!
 
I think they are allowing the country to go into recession as part of the normal business cycle. It allows bad models to fail and re-emerge as stronger entities without the need of being propped up artificially.
 
I think they are allowing the country to go into recession as part of the normal business cycle. It allows bad models to fail and re-emerge as stronger entities without the need of being propped up artificially.
Creative Destruction.

Burning out the deadwood.
 
Last edited by a moderator:
Trump is so full of crap, I hope Powell bumps the rate a whole point to remind him who is in charge and who is the monkey in the cheap suit...
 
The Federal Reserve is a deep state tool in many regards. One of these is to inflict pain on the economy to deliver talking points to the MSM so that political opponents can be blamed for negative economic news.
 

Trump again calls for Fed to cut rates, says Powell’s ‘termination cannot come fast enough’​

President Donald Trump on Thursday again called for the Federal Reserve to lower rates and even hinted at the “termination” of Chairman Jerome Powell.

In a Truth Social post, Trump said:



More:



More:

Fed Has Sacrificed People Before, El-Erian Says​

Apr 17, 2025

Queens' College of Cambridge President and Bloomberg Opinion Columnist Mohamed El-Erian talks about the possibility of Federal Reserve Chair Jerome Powell stepping down before his term ends due to pressure from President Donald Trump. He says Kevin Warsh, a former member of the Federal Reserve Board of Governors, would be a good replacement. El-Erian speaks on "Bloomberg Surveillance." His opinions are his own.


4:27
 
Liz always has a unique take on things.

Markets will 'crash' if Trump can fire Fed's Powell, Elizabeth Warren warns​

Apr 17, 2025

Senator Elizabeth Warren, ranking member of the Banking Committee, joins CNBC's 'Squawk on the Street' to discuss why she believes its critical for Jerome Powell to remain as Fed Chair, concerns about tariff policy, and more.


6:25
 
This a "Nothing" sandwich, Trump can't fire him, he can only not reappoint him, in which case the banker boys will just nominate someone else who may or may not do what Trump wants...even Warren knows that so she is just chop busting.
 
The markets will not crash. They'll melt up.

Installing a tool who takes us back to ZIRP, means the stawk-buyback program/scam at major corporations, is back in high gear. All the banksters are gonna want some of that Melt-Up money. We're back to a world they understand - ZIRP to member banks, plow into the Dow/S&P/other indices, and sell a few days later, showing gains for the Banks' proprietary accounts.

It's always been this way - the whole 15 years these "career stock account managers" have been in their careers; so of course it will always be this way. Great Depression? Wiemar? Argentina? That's silly. THIS time it's DIFFERENT.

If Trump does this, he's gonna be crucified - literally removed, and the Left, left with a Win. He'll be blamed, alone, for the fiscal and monetary collapse. Meantime, no arrests, no prosecutions for all the appropriated government money...no punishment for COE-vidd; no correction on any of this evil insanity.
 

Amid Trump's feud with Jerome Powell, a GOP senator says the Fed Chair has 'tiger blood' and will 'do what he thinks is right'​

  • Jerome Powell has drawn the ire of Trump over the Fed's economic outlook.
  • Trump blasted Powell over interest rates and said the chair's "termination cannot come fast enough."
  • However, Sen. John Kennedy told NBC he doesn't think Powell is going anywhere.
President Donald Trump has amped up his attacks on Federal Reserve Chair Jerome Powell in recent days.

More:

https://www.msn.com/en-us/news/poli...S&cvid=d94adfe0d4e24ea8bccd3c02cdff4e50&ei=22
 
 

Amid Trump's feud with Jerome Powell, a GOP senator says the Fed Chair has 'tiger blood' and will 'do what he thinks is right'​

  • Jerome Powell has drawn the ire of Trump over the Fed's economic outlook.
  • Trump blasted Powell over interest rates and said the chair's "termination cannot come fast enough."
  • However, Sen. John Kennedy told NBC he doesn't think Powell is going anywhere.
President Donald Trump has amped up his attacks on Federal Reserve Chair Jerome Powell in recent days.

More:

https://www.msn.com/en-us/news/poli...S&cvid=d94adfe0d4e24ea8bccd3c02cdff4e50&ei=22
Trumpeter and his mindless minions keep using terms liked "Fired" or "Termination " but Powell's term will run out and he won't be reappointed or maybe not offer to run again. Either way, it is up to the Fed Bank to pick the next chairman.
 
Trumpeter and his mindless minions keep using terms liked "Fired" or "Termination " but Powell's term will run out and he won't be reappointed or maybe not offer to run again. Either way, it is up to the Fed Bank to pick the next chairman.
Do you love the Federal Reserve more than Trump?
 
MarketWatch

Trump attacking Fed Chair Jerome Powell is a public relations ploy — and it’s working​

President Donald Trump is a genius.

There, I said it.

OK, maybe he’s a genius of a type you wouldn’t want to emulate. Maybe he’s a genius you hate. Maybe, like Rocky’s opponent Apollo Creed, he is just a master of disaster. You make the call.

But he’s an absolute genius when it comes to public relations, propaganda and manipulating public opinion. As his latest shock-and-awe campaign against Federal Reserve Chair Jerome Powell shows.

Trump, having begun the decline in the U.S. dollar that he wants, and having possibly caused a recession that he may also have wanted, is now engaged in a brilliant campaign to blame it all on somebody else.

More:

https://www.msn.com/en-us/money/mar...S&cvid=6ba0f3b347dd45cb926b14616dd6a39f&ei=14
 

Trump says he has ‘no intention’ of firing Fed Chair Powell​

President Donald Trump said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the central bank expires next year.

President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year.

“None whatsoever,” Trump said in the Oval Office when asked to clarify that he did not seek Powell’s removal. “Never did.”

The comment represents a dramatic shift for Trump, who has recently ramped up his rhetoric against Powell and declined to rule out the possibility of taking the unprecedented step of firing him.

More:

 
This bugs me, he keeps repeating the lie, he CANT fire the Fed chairman..
 

Fed Chair Jerome Powell: Despite heightened uncertainty, the economy is still solid​

May 7, 2025
Fed Chair Jerome Powell speaks following the Federal Reserve’s Federal Open Market Committee’s decision to keep interest rates unchanged, and provides updates on the Fed’s fight against inflation.


6:43
 

Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again​

President Donald Trump derided Federal Reserve Chairman Jerome Powell once again Thursday, a day after the central bank voted to not lower rates because of economic uncertainty created by tariffs.

Trump said in a Truth Social post:

″‘Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue. Other than that, I like him very much! Oil and Energy way down, almost all costs (groceries and “eggs”) down, virtually NO INFLATION, Tariff Money Pouring Into the U.S. — THE EXACT OPPOSITE OF “TOO LATE!” ENJOY!”

The Fed on Wednesday voted to keep its benchmark interest rate between 4.25% and 4.5%, where it’s kept the range in the three meetings this year since last cutting in December. This has frustrated the president, who wants the central bank to cut rates to counter a possible slowing economy due to the rollout of his trade policies.

More:

 
Eggs $5.99, gas still over $3.00 but falling, overwise inflation still insane...
 
Eggs $5.99, gas still over $3.00 but falling, overwise inflation still insane...
That's not inflation.

Those are price rises from limiting supply while demand remains static. Slaughter hundreds of millions of hens, close out pipeline projects while old pipelines reach the end of their service lives...products become moar expensive.

We HAVE inflation - currency-debasement - it's obvious. And it, too, plays a part here; but even if we had a contracting money supply, the price of eggs, beef, fuel, would all be on the rise.
 
Title made my day. Hope it's true.

Fed Officials Throw Cold Water On Hopes of a Summer Interest Rate Cut​

  • The Federal Reserve is not likely to cut interest rates at its next two meetings in June and July, central officials said in interviews this week.
  • The Fed has kept interest rates at a higher-than-usual level this year as it waits to see how President Donald Trump's tariffs will affect the economy.
  • A weakening job market could push the Fed to lower rates, while surging inflation could force it to keep rates high. Tariffs could worsen both problems, posing a dilemma for the Fed.
Expectations for when the Fed will cut interest rates keep getting kicked down the road.

Several bank policymakers indicated in speeches and interviews this week that the Federal Reserve is unlikely to lower its key fed funds rate at its two meetings this summer.

More:

https://www.msn.com/en-us/money/mar...S&cvid=fba156cc70a84f7e9a4f2d8f9474acf6&ei=17
 
Take this one fwiw. Need to read between the lines and dyodd. My take is rates may start to drop.

Trump meets with the Federal Reserve chairman he has repeatedly scorned​

WASHINGTON (AP) — President Donald Trump met with Federal Reserve Chair Jerome Powell on Thursday and the two discussed the economy but not Powell's outlook for interest rates, the Fed said.

Powell told Trump that the central bank would make decisions about the short-term interest rate it controls “based solely on careful, objective, and non-political analysis.” The Fed's rate typically influences borrowing costs across the economy, including for mortgages, car loans, and business borrowing.

The meeting comes as Trump has assailed Powell for not reducing the Fed’s key interest rate, calling him “Too Late Powell.” The president initiated the meeting, the Fed said.

Trump argues that there is “no inflation” and so Powell should cut rates, though such a move might not necessarily reduce the borrowing costs consumers face. Inflation is down substantially from a year ago, yet it remains above the Fed’s 2% target. Trump has also called Powell a “fool” and earlier this year suggested he would fire the Fed chair.

More:

https://www.msn.com/en-us/money/mar...S&cvid=8efb40a316844984bc3b15fc5da9ac3d&ei=33
 
Inflation cannot be controlled.

What we're seeing now, was done years ago. We're only STARTING to feel the result of a YUUGE increase in the money supply, five years ago.

Which had not stopped. It only slowed in January.

Powell can raise interest rates to 50 percent, it won't stop it. The money is trickling down - Seigniorage to grifters and launderers; then to stawks; then to eventual sales, to bank accounts, to people spending their capital gains or increased wages, chasing FEWER goods (all the contrived chicken, beef, foodstuff shortages).

So prices are exploding and NOTHING can stop it, short of wholesale destruction of money. Which will not happen - the government desperately NEEDS inflation to mitigate the also-exploding public debt.
 

Fed Chair Jerome Powell Stresses Need for Crypto Regulation, Signals No Rush To Cut Rates​

Key Takeaways

  • Fed Chair Jerome Powell reiterated the need for comprehensive crypto regulation during a central bank conference.
  • Despite sticky inflation, Powell indicated the Fed is in no rush to cut interest rates.
  • Bitcoin rebounded slightly on Powell’s balanced tone, trading above $105,000.
At a time when both the crypto industry and broader markets are navigating uncertainty, Federal Reserve Chair Jerome Powell delivered a closely watched speech that struck a balance between caution and openness.

More:

https://www.msn.com/en-us/money/mar...ush-to-cut-rates/ar-AA1FZBPU?ocid=socialshare
 

Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report​

  • President Donald Trump urged Federal Reserve Chairman Jerome Powell to slash interest rates by a full percentage point.
  • A new jobs report from the Bureau of Labor Statistics showed U.S. hiring rose more than predicted in May.
  • Trump pointed to repeated interest rate cuts in Europe.
  • The Fed lowered rates by one full point in total during President Joe Biden’s final year in office, and last made a single cut of that amount during the start of the Covid-19 pandemic in March 2020.
President Donald Trump urged Federal Reserve Chairman Jerome Powell to slash interest rates by a full percentage point despite a better-than-expected jobs report Friday.

Trump, who regularly badgers Powell to lower rates, argued for the steep cut even as he maintained that the U.S. economy is “doing great.”

“Go for a full point, Rocket Fuel!” Trump wrote in a Truth Social post.

Markets forecast a virtually zero chance of any rate cut — much less a 1 percentage point decrease — following the Federal Open Market Committee’s next meeting later this month.

More:

 
Back
Top Bottom